EastNets has announced its partnership with Kuwait’s Boubyan Bank to roll out SWIFT’s global payments innovation (gpi) service for its customers across the country.
Bitcoin has seen prices fluctuate throughout the day, which shows how volatile the currency is, prompting the question, what leads to such huge movements?
Abu Dhabi Securities Exchange (ADX) has recently signed a partnership agreement with London-based fintech firm Equichain with aims to bring efficiencies to capital markets.
Gulf Capital is increasingly targeting sectors include renewable energy, technology, consumer and business services and defensive sectors offering high growth rates.
UAE-based institutions will begin by collaborating with ADGM to identify a specific business problem that can be resolved through the use of financial technology.
RAKBANK has recently introduced a cognitive chatbot that allows bank employees to interact with an AI-powered IBM platform to help them answer questions, find solutions or quickly route pending requests to human advisors.
FinTech Hive at DIFC has announced that it will begin accepting applications for its 2018 programme starting Sunday, 20th May, kicking off a competitive search for the top financial technology (fintech) and insurance technology (insurtech) innovators in the region.
SoftBank Group founder and CEO Masayoshi Son is reportedly planning the firm’s next $100 billion venture – a version 2.0 of the world’s biggest technology fund, according to people familiar with the matter.
HSBC has reportedly performed the world’s first trade finance transaction using blockchain technology.
The fundamentals of merger and acquisition (M&A) deals in the GCC region have not been significantly affected by artificial intelligence (AI) and still rely on human cognition, according to experts at the recent accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable.